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As 2024 comes to a close, the U.S. stock market has experienced a robust year overall, despite ending on a weaker note with the Dow Jones Industrial Average posting its largest monthly loss in over two years. With major indices like the Nasdaq Composite and S&P 500 achieving significant gains throughout the year, investors are now turning their attention to dividend stocks as a potential source of steady income amidst market fluctuations. In this context, selecting dividend stocks with strong fundamentals and consistent payout histories can be an effective strategy for navigating uncertain economic conditions.
Top 10 Dividend Stocks In The United States
Name | Dividend Yield | Dividend Rating |
WesBanco (NasdaqGS:WSBC) | 4.55% | ★★★★★★ |
Columbia Banking System (NasdaqGS:COLB) | 5.33% | ★★★★★★ |
Peoples Bancorp (NasdaqGS:PEBO) | 5.05% | ★★★★★★ |
Interpublic Group of Companies (NYSE:IPG) | 4.71% | ★★★★★★ |
Southside Bancshares (NYSE:SBSI) | 4.60% | ★★★★★★ |
Dillard's (NYSE:DDS) | 6.02% | ★★★★★★ |
Chevron (NYSE:CVX) | 4.50% | ★★★★★★ |
First Interstate BancSystem (NasdaqGS:FIBK) | 5.79% | ★★★★★★ |
Citizens & Northern (NasdaqCM:CZNC) | 6.02% | ★★★★★★ |
Premier Financial (NasdaqGS:PFC) | 4.85% | ★★★★★★ |
Click here to see the full list of 157 stocks from our Top US Dividend Stocks screener.
Let's review some notable picks from our screened stocks.
SpartanNash
Simply Wall St Dividend Rating: ★★★★★☆
Overview: SpartanNash Company distributes and retails grocery products in the United States, with a market cap of approximately $618.39 million.
Operations: SpartanNash generates revenue primarily from its Wholesale segment, contributing $7.93 billion, and its Retail segment, which adds $2.79 billion.
Dividend Yield: 4.7%
SpartanNash's dividend yield of 4.75% ranks in the top 25% of U.S. market payers, though it's not well covered by free cash flows and earnings, raising sustainability concerns. Despite stable dividends over the past decade, its payout ratio stands at a challenging 64.4%. Recent financials show slight declines in sales and net income, with Q3 sales at US$2.25 billion and net income at US$10.92 million, maintaining steady EPS year-over-year amidst strategic leadership changes.
SunCoke Energy
Simply Wall St Dividend Rating: ★★★★★☆
Overview: SunCoke Energy, Inc. is an independent producer of coke operating in the Americas and Brazil with a market cap of $899.79 million.
Operations: SunCoke Energy's revenue segments consist of Domestic Coke at $1.85 billion, Logistics at $102.80 million, and Brazil Coke at $35.60 million.